Saturday, November 04, 2006

Female directors 'earn £14k less'


Female directors of UK firms work longer than their male counterparts but earn on average 19% - or £14,028 - a year less, a study suggests.

And the gender pay gap in the voluntary sector is about 25%, the Institute of Directors (IOD) report said.

Most directors, whether male or female, had only "moderate" pay rises last year and fewer than 50% of managing directors got company cars, it added.

The 'fat cat' image of Britain's bosses was misleading, the report claimed.

See full Article.